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Listed by:Sun-Mark Real Estate Inc. • Azam Nader
$1,890,000
Est. payment /mo
9,853 Sqft Lot
New
1200 Lakeway DR Bellingham, WA 98229
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Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Puget
MLS Listing ID 2497276
Style 73 - Office
Year Built 1945
Lot Size 9,853 Sqft
Lot Dimensions 75x131
Property Sub-Type Commercial Industrial
Property Description
Prime commercial opportunity in a high-visibility Lakeway Dr corridor, just minutes from I-5 and major retail centers. This well-maintained building features a recently remodeled interior and is fully occupied by 9 established tenants, including medical professionals, a long-standing chiropractic office (45+ years), acupuncture, massage therapy, counseling services, and a real estate office—providing a stable and diversified income stream. Unit 3 (chiropractic office) will be vacant as of April 30 and is intentionally being held open for a potential owner-user. This presents an excellent opportunity for a medical professional, chiropractor, or related business to occupy space while benefiting from income generated by the remaining 8 tenants. Ideal setup for partial owner-occupancy with immediate revenue in place. The property benefits from strong daily traffic counts exceeding 30,000 vehicles, delivering outstanding exposure and visibility for tenants and businesses. Additional features include a valuable parking easement to the south, enhancing accessibility and convenience for both clients and staff. Located in a thriving, high-demand commercial area, this property offers a rare opportunity to secure steady income with long-term growth potential, along with flexibility for an owner-user in a prime location. Excellent visibility, strong tenant mix, and consistent income history make this a standout investment opportunity.
Location
State WA
County Whatcom
Area 860 - Bellingham
Interior
Flooring Ceramic Tile, Stone, Carpet
Fireplace false
Exterior
Exterior Feature Brick, Metal/Vinyl, Wood
Roof Type Composition,Torch Down
Building
Sewer Available, Sewer Connected
Water Public
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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